ENROLLMENT: To provide context for the Cohort Default Rate (CDR) data we include enrollment
data (students enrolled at any time during the year) and a corresponding percentage
(borrowers entering repayment divided by that enrollment figure). While there is no
direct relationship between the timing of when a borrower entered repayment (October
1 through September 30) and any particular enrollment year, for the purpose of these
data, we have chosen to use the academic year ending on the June 30 prior to the beginning
of the cohort year (e.g., FY 2014 CDR Year will use 2012-2013 enrollment).